Tag: fiscal

Profit and Loss Statement

DefinitionAn income statement or profit and loss account is one of the financial statements of a company and shows the company's revenues and expenses...

Quarter To Date (QTD)

What is 'Quarter To Date - QTD' A time interval that captures all relevant company activity that occurred between the beginning of...

Value-Added Tax (VAT)

What is a 'Value-Added Tax - VAT' A value-added tax (VAT) is a type of consumption tax that is placed on a...
Federal Advisory Council

Federal Advisory Council

What is a Federal Advisory Council A Federal Advisory Council (FAC) is a federal body created to provide advice, counsel, and recommendations to an entire...

War Risk

What is 'War Risk' 1. The possibility that an investment will lose value because of a major, violent political upheaval. War generates...

Generational Accounting

DefinitionGenerational accounting is a method of measuring the fiscal burdens facing today's and tomorrow's children. Laurence Kotlikoff's individual and co-authored work on the relativity...

Tax Equity And Fiscal Responsibility Act Of 1982 (TEFRA)

What is 'Tax Equity And Fiscal Responsibility Act Of 1982 - TEFRA' Federal tax legislation passed in 1982 that modified some aspects...

Tax Drag

What is 'Tax Drag' The reduction of potential income due to taxes. Drag describes the loss in returns owing to taxation, usually...

Tailored Advertising

DefinitionTargeted advertising is a form of advertising where online advertisers can use sophisticated methods to target the most receptive audiences with certain traits, based...

Taping Rule

What is 'Taping Rule' A rule created by the National Association of Securities Dealers (NASD) that requires that special supervisory procedures be...

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